HAIVISION SYSTEMS INC (HAI.CA) Stock Fundamental Analysis
Canada - TSX:HAI - CA40531F1009 - Common Stock
4.96 CAD
-0.15 (-2.94%)
HAI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 13 industry peers in the Communications Equipment industry. While HAI seems to be doing ok healthwise, there are quite some concerns on its profitability. HAI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HAI has reported negative net income.
In the past year HAI had a positive cash flow from operations.
In multiple years HAI reported negative net income over the last 5 years.
HAI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of -0.89%, HAI is doing good in the industry, outperforming 76.92% of the companies in the same industry.
With an excellent Return On Equity value of -1.34%, HAI belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.34% | ||
| ROIC | N/A |
ROA(3y)-0.57%
ROA(5y)0.07%
ROE(3y)-1.12%
ROE(5y)1.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of HAI has declined.
In the last couple of years the Operating Margin of HAI has declined.
HAI has a Gross Margin of 72.48%. This is amongst the best in the industry. HAI outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of HAI has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for HAI so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% |
OM growth 3YN/A
OM growth 5Y-9.63%
PM growth 3YN/A
PM growth 5Y-6.09%
GM growth 3Y-0.8%
GM growth 5Y-0.55%
2. Health
2.1 Basic Checks
HAI does not have a ROIC to compare to the WACC, probably because it is not profitable.
HAI has less shares outstanding than it did 1 year ago.
HAI has more shares outstanding than it did 5 years ago.
HAI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.72 indicates that HAI is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.72, HAI is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
HAI has a debt to FCF ratio of 8.17. This is a slightly negative value and a sign of low solvency as HAI would need 8.17 years to pay back of all of its debts.
HAI has a Debt to FCF ratio of 8.17. This is in the better half of the industry: HAI outperforms 69.23% of its industry peers.
HAI has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HAI (0.13) is better than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 8.17 | ||
| Altman-Z | 2.72 |
ROIC/WACCN/A
WACC8.01%
2.3 Liquidity
HAI has a Current Ratio of 1.59. This is a normal value and indicates that HAI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.59, HAI is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
A Quick Ratio of 1.20 indicates that HAI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.20, HAI belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
HAI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -125.00%.
The Earnings Per Share has been growing slightly by 2.25% on average over the past years.
The Revenue has decreased by -5.56% in the past year.
HAI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.82% yearly.
EPS 1Y (TTM)-125%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%0%
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%14.26%
3.2 Future
The Earnings Per Share is expected to grow by 9.50% on average over the next years. This is quite good.
Based on estimates for the next years, HAI will show a small growth in Revenue. The Revenue will grow by 6.27% on average per year.
EPS Next Y-148.82%
EPS Next 2Y16.77%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue Next Year-1.32%
Revenue Next 2Y5.26%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
HAI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 24.25 indicates a rather expensive valuation of HAI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAI indicates a rather cheap valuation: HAI is cheaper than 92.31% of the companies listed in the same industry.
HAI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 24.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAI is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAI indicates a somewhat cheap valuation: HAI is cheaper than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 72.96 | ||
| EV/EBITDA | 23.67 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y16.77%
EPS Next 3Y9.5%
5. Dividend
5.1 Amount
HAI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:HAI (11/7/2025, 7:00:00 PM)
4.96
-0.15 (-2.94%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners6.43%
Inst Owner ChangeN/A
Ins Owners36.17%
Ins Owner ChangeN/A
Market Cap135.41M
Revenue(TTM)127.61M
Net Income(TTM)-1.24M
Analysts80
Price Target6.31 (27.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-248.51%
Min EPS beat(2)-496.04%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-180.46%
Min EPS beat(4)-496.04%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)-95.98%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)7.55%
Min Revenue beat(2)4.63%
Max Revenue beat(2)10.48%
Revenue beat(4)2
Avg Revenue beat(4)-2.22%
Min Revenue beat(4)-15.73%
Max Revenue beat(4)10.48%
Revenue beat(8)3
Avg Revenue beat(8)-3.04%
Revenue beat(12)7
Avg Revenue beat(12)1.37%
Revenue beat(16)8
Avg Revenue beat(16)-0.01%
PT rev (1m)3.38%
PT rev (3m)13.16%
EPS NQ rev (1m)-17.49%
EPS NQ rev (3m)237.5%
EPS NY rev (1m)-210.76%
EPS NY rev (3m)-185.29%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)3.74%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 24.25 | ||
| P/S | 1.06 | ||
| P/FCF | 72.96 | ||
| P/OCF | 34.3 | ||
| P/B | 1.47 | ||
| P/tB | 3.63 | ||
| EV/EBITDA | 23.67 |
EPS(TTM)-0.04
EYN/A
EPS(NY)0.2
Fwd EY4.12%
FCF(TTM)0.07
FCFY1.37%
OCF(TTM)0.14
OCFY2.92%
SpS4.67
BVpS3.37
TBVpS1.37
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.34% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% | ||
| FCFM | 1.45% |
ROA(3y)-0.57%
ROA(5y)0.07%
ROE(3y)-1.12%
ROE(5y)1.21%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y-9.63%
PM growth 3YN/A
PM growth 5Y-6.09%
GM growth 3Y-0.8%
GM growth 5Y-0.55%
F-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 8.17 | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 23.65% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 70.94% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 2.72 |
F-Score4
WACC8.01%
ROIC/WACCN/A
Cap/Depr(3y)15.44%
Cap/Depr(5y)18.5%
Cap/Sales(3y)1.1%
Cap/Sales(5y)0.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-125%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%0%
EPS Next Y-148.82%
EPS Next 2Y16.77%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%14.26%
Revenue Next Year-1.32%
Revenue Next 2Y5.26%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y-136.87%
EBIT growth 3YN/A
EBIT growth 5Y1.06%
EBIT Next Year-90.16%
EBIT Next 3Y-40.01%
EBIT Next 5YN/A
FCF growth 1Y-86.13%
FCF growth 3Y129.93%
FCF growth 5Y25.45%
OCF growth 1Y-73.58%
OCF growth 3Y106.42%
OCF growth 5Y25.22%
HAIVISION SYSTEMS INC / HAI.CA FAQ
What is the fundamental rating for HAI stock?
ChartMill assigns a fundamental rating of 3 / 10 to HAI.CA.
Can you provide the valuation status for HAIVISION SYSTEMS INC?
ChartMill assigns a valuation rating of 3 / 10 to HAIVISION SYSTEMS INC (HAI.CA). This can be considered as Overvalued.
Can you provide the profitability details for HAIVISION SYSTEMS INC?
HAIVISION SYSTEMS INC (HAI.CA) has a profitability rating of 3 / 10.
Can you provide the financial health for HAI stock?
The financial health rating of HAIVISION SYSTEMS INC (HAI.CA) is 6 / 10.